A direct question to traders.
There are various effective strategies for trading the market, and success mostly is based on your understanding of any strategy of your choice.
What has been your most effective strategy or strategy in confluence with another for trading the market?
Price action? or use of indicators? Or are you an ICT trader?
Can you also share your reason for the strategy you use now, and which other strategies you have used before.
Nothing is so effective in trading, so it's better to trade coins with greater potential to minimize risk. However, you also need to learn how the coin moves in the market to avoid making mistakes when entering the market to buy. Indicators only serve as analytical tools for analyzing the movement of a coin and can hardly guarantee accuracy at all times, as the market can sometimes move against you.
One must consider the risks when engaging in trading, as these patterns can help you avoid continuous losses. Any strategy will be effective if one understands how to execute it, because without knowledge, no strategy can ever be used correctly, which is why many people lose money in trading.